Latest News

A 2500-metre reverse circulation drilling program has been launched by Genesis Minerals at the Barimaia gold project in Western Australia.

The project is near Ramelius Resources’ 6 million ounce Mt Magnet mine in the Murchison district. It is also in the vicinity to Gascoyne Resources’ Dalgaranga project 70km northwest of Mt Magnet.

This drilling phase follows on from RC and aircore drilling in August that identified three significant bedrock targets; gold returns included 18.8 grams per tonne for nine metres (including a highly impressive 31.8 grams per tonne for five metres), 3.36 grams per tonne for 17 metres, and 11.7 grams per tonne for one metre.

In first quarter 2018, further drilling is expected in order to test areas north, east and south of current bedrock targets, as well as detailed heritage and magnetic surveys (to identify structural controls).

Genesis managing director Michael Fowler expressed his excitement at the prospect of significant gold mineralisation at Barimaia, particularly given its proximity to the above-mentioned neighbouring projects.

“The August drill campaign returned some exceptional results from very wide-spaced drilling,” explained the MD. “The next step is to in-fill the areas between these initial drill holes and begin to scope out the overall size and extent of the mineralised system.

“This is a high-potential opportunity for the company — located on the doorstep of one of WA’s great gold mines — and we are looking forward to seeing what the next drill program will deliver.”